Read more about the article Uber is changing into a software company:Uber Stock Plunges as Q3 Bookings Disappoint
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Uber is changing into a software company:Uber Stock Plunges as Q3 Bookings Disappoint

UBER reported third quarter results beating Wall Street expectation on both earnings. The rideshare platform posted revenue of $11.19 billion surpassing estimates of $10.99 billion. Uber stock faced pressure due to weaker than expected gross bookings and reduced fourth quarter outlook. Uber is demand network Jang states arguing that technologies like Waymo and Tesla TSLA vehicles will take time to impact the market

Continue ReadingUber is changing into a software company:Uber Stock Plunges as Q3 Bookings Disappoint